Novoferm acquires Swedish company Robust AB and strengthens its position in the Scandinavian and British markets
Rees, 20 May 2019. Novoferm is systematically expanding its position as one of Europe's leading system providers of door and gate solutions and loading systems: With the Swedish company Robust AB, the Novoferm Group is taking over a leading steel door manufacturer in Scandinavia and the UK and strengthening its own position in both markets in the long term. The acquisition of 100 per cent of the shares in Robust AB was sealed in mid-May.
Robust AB, based in Nykroppa, has production facilities in Nykroppa, Sweden and Longton, Stoke-on-Trent, UK. The company employs 175 people and specialises in the manufacture of fire doors, multifunctional doors and security doors for the industrial and commercial sectors. The experienced management team, led by Managing Director David Lycett, will continue to lead the company and ensure its successful development.
The acquisition is an important step in the ongoing expansion of the Novoferm Group's activities throughout Europe. The Robust AB Group has grown significantly in recent years, steadily expanding its steel door business and positioning itself as a leading manufacturer in the UK and Scandinavian markets.
Rainer Schackmann, CEO of the Novoferm Group, is delighted with the acquisition and sees Robust and Novoferm as an ideal complement: "Both companies complement each other strategically in an ideal way. The combination of strengths will further promote future growth and significantly increase our presence in Northern Europe." With the acquisition and the expanded range of services, Novoferm is recognisably strengthening its international position and consistently pursuing its future-oriented growth strategy. With the acquisition of Robust AB, the Novoferm Group now employs over 3,000 people in Europe.
About Novoferm
Novoferm has been part of the Japanese Sanwa Group (owned by Sanwa Holdings Corporation), the world market leader in the field of door and gate systems, since 2003. With over 3,000 employees in Europe, Novoferm is one of the leading European system providers of door and gate solutions as well as loading systems for private, commercial and industrial use. Founded in 1955 on the Lower Rhine, the company now produces at various locations in Europe and Asia and sells products through numerous national companies and sales partners in many countries around the world. www.novoferm.de
